Living Well on Your Budget
by Jill Barnes
Make your money behave; tell your money where to go or it will go where it pleases. Stop charging and take charge of your money and debt.
Step 1: Know how much money you have coming in and in savings.
Step 2: Know how much money you spend. (Keep track of spending.)
Step 3. Know how much money you must have to meet obligations and living expenses.
Step 4. Set up a budget, accounting for every dollar. Must have a written plan.
Step 5. Live within and by your budget. DO IT!
Use the envelop system (see below)
On-line free Money Map (Christian based)
Step-by-step journey to financial freedom with an on-line community
What to Know About Budgeting:
Why Do I Need a Budget?
Why Live on a Budget?
Christian View on Budgeting
Secrets to Budgeting:
Six things that will make a budget fail:
Envelop Budgeting System
Create a Budget:
Tools & Resources:
Work sheets, calculators and money-saving tips to guide your financial planning
List your assets and your debts
Monthly Cash Flow Plan:
Percentage of Income Guide for Family Budget
Keep track of your debits, payments and payoff dates
Savings Account Allocations
Keep track of your savings – monthly budgeted long term items that are deposited into bank account until needed to pay out
Irregulary Income Planning
Account Tracking On-line - Free Quicken
Find a ‘Dave Ramsey Financial Peace University’ class in your area.
ask about available scholarships to cover the cost of the materials
class is free (except cost of materials ~$120) and lasts approximately 10 weeks
or Dave Ramsey’s online Total Money Make Over website including interactive forms and tools for $89.00/year at: https://www.mytotalmoneymakeover.com/index.cfm?
Find a Crown Ministries (Christian based) course.
Round Rock ISD Community School
Austin ISD Community School (at Murchison)
Austin City Library Consumer Help
Dave Ramsey – ‘User Tools’ at bottom of page
Budget, credit card, debt, mortgage, loan, savings, automobile, work-related
© Jill Barnes. 2009. All Rights Reserved.